I wrote about my concerns on x402 in early November.
Now V2 just dropped a few days ago and it fixed almost everything I was concerned about. So here's what has changedš§µ
The major problem I thought V1 had was every single API call needed a full payment. I mean it works for one-off requests, but terrible for AI agents that need to make thousands of calls. The latency was killing it as the fees were stacked up. It was theoretically cool but practically broken for real agent workflows.
V2 introduced wallet based session access i.e you prove wallet ownership once, then get reusable sessions without paying onchain for every request. This alone makes high frequency agent workflows actually sensible. But there's more...
⣠Multichain + fiat in one protocol
⣠Include dynamic routing as agents discover services + compare pricing + choose the cheapest option automatically
⣠Extensions that inject custom logic at transaction points (conditional payments, failure recovery)
⣠Services expose pricing and endpoints that agents can query and compare autonomously
V1 did 100M+ transactions in 6 months. What changes with V2 is the entire use case. V1 was a payment protocol. V2 is infra for agent economies. Agents can now...
⣠Establish persistent relationships with services via sessions
⣠Discover services and compare pricing autonomously through metadata
⣠Operate across chains and legacy rails without custom integration logic
⣠Execute high-frequency workflows that were economically impossible before
The session feature solved the scalability bottleneck. The discovery feature will lead true AI commerce. I was skeptical a month ago but now the core architectural flaw got addressed, IMO V2 will scale this further.

Take this piece as an informational update & not an investment thesis.
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What are your thoughts on x402 V2 guys?
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Apparently, you can conjure product upgrades with your analysis. Any holes you see in V2 so far?
This actually fixes the core flaw.
V2 finally feels usable for agents.
Yes my bro. Has a variety of use cases now
V2 fixed the immediate scalability problem but KYC/regulatory friction is needs to be addressed.
yo v easy to understand Yas, thank for the edu
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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